All of the following are conditions for fraud except
a. false representation
b. injury or loss
c. intent
d. material reliance
D
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On a worksheet, a net loss is:
A. recorded in the Income Statement Debit column. B. not recorded. C. recorded in the Balance Sheet Debit column. D. recorded in the Balance Sheet Credit column.
In what type of organization is decision-making authority spread throughout the organization?
A. Participative organization B. Centralized organization C. Top-down organization D. Decentralized organization
Existing auction sites, such as eBay, are inherently more valuable to customers than new auction sites. This basic economic fact is called a(n) _____
a. deadlock effect b. lock-in effect c. smoke-and-mirrors effect d. anti-pattern effect
Suppose that profit for a particular product is calculated using the linear equation: Profit = 20S + 3D. Which of the following combinations of S and D would yield a maximum profit? ?
A. S = 0, D = 0 B. S = 405, D = 0 C. S = 0, D = 299 D. S = 182, D = 145